The Pearl KLCC, KLCC Insights

A luxury high-rise residential development in the heart of Kuala Lumpur city centre, The Pearl offers an exclusive living experience within a low-density environment away from the hustle and bustle of the city. The project on prime land is developed by Malton Bhd, a reputable name behind various high-end residential developments in the Klang Valley. The Pearl offers three types of spacious layouts. Topping it all off is a penthouse unit with a sprawling 19,623 sq ft layout. Thanks to its strategic location adjacent to KLCC, each unit enjoys resplendent views of either the Petronas Twin Towers, KLCC Park or the city skyline. The Pearl features a host of luxury facilities, among them a first-class concierge which delivers personalised services to fulfil domestic needs such as delivery arrangement, grocery shopping and housekeeping. Its sky lounge at Level 24 offers residents the best spot to sit back and relax as they take in unobstructed city views. **##Location##** Located at a quiet enclave along Jalan Stonor in the heart of Kuala Lumpur city centre, The Pearl is just a hop and a skip away from KLCC, KLCC Park and Pavilion KL. It is surrounded by world-class amenities, where some of the most premium shopping centres, commercial offerings and business centres in the city are just within a short walking distance. Two of the city’s top shopping destinations – Suria KLCC and Bukit Bintang – are easily accessible via a direct air-conditioned pedestrian walkway. The Pearl is served by myriad services and facilities such as medical centres, banks, international schools, hotels and dining establishments. The Royal Selangor Golf Club and Embassy Row are just a few minutes’ drive away. Its central location offers ease of accessibility to numerous roads and expressways, including Jalan Ampang, Jalan Kia Peng, Jalan Tun Razak, SMART Tunnel, Ampang-Kuala Lumpur Elevated Highway and Duta-Ulu Kelang Expressway. **##Analysis##** The Pearl’s prestigious address in the epicentre of Kuala Lumpur city centre makes it much sought-after for expatriates and well-heeled Malaysians. It is the perfect option for those who seek privacy and safety as this low-density development is situated along Jalan Stonor, which receives comparably less traffic, and features a private lift lobby for each unit and a three-tier security system with round-the-clock CCTV coverage and motion sensors. In terms of investment value, The Pearl does not disappoint as the average transacted price for non-landed residences in the secondary market is in the upwards of RM1,200 psf with an annual growth of approximately 10%. Buyers who fork out the premium price are rewarded with generously-sized units in an enviable location with top-notch facilities at their doorsteps. At the same time, the rental market is largely driven by expatriates with rental yields reaching almost 6% per annum.